Wong Tin-yau: The Securities and Futures Commission of Hong Kong is committed to fulfilling its dual responsibilities of promoting market development and safeguarding investor interests.

On November 6, the Chairman of the Securities and Futures Commission of Hong Kong, Mr. Carlson Tucker Huang, pointed out in his opening speech at the "China International Financial Forum - Hong Kong Summit" that in this era of rapid change, the Securities and Futures Commission of Hong Kong is actively working with the financial industry to transform the innovative force into sustainable market development momentum. He emphasized that the Securities and Futures Commission of Hong Kong is taking advantage of the opportunities brought by change to promote responsible innovation, lead the market towards the future, and fulfill its dual responsibilities of promoting market development and safeguarding investors. Facing the opportunities and challenges brought by technology and digitization, Mr. Carlson Tucker Huang elaborated on the balanced and regulatory principles and policies of the Securities and Futures Commission of Hong Kong, as well as the expectations for market participants, to maintain market integrity, safeguard investors, and collaborate with the industry to shape a resilient, vibrant, and trustworthy market. In her video speech at the opening ceremony, Hedwige NUYENS, President of the International Association of Banking, emphasized the importance of openness in an evolving ecosystem, highlighting the significance of cross-border and cross-sector cooperation in breaking down barriers within the banking industry and establishing partnerships with financial technology companies and tech giants. By sharing knowledge and resources, we can effectively promote innovation and enhance the customer experience through open banking initiatives.